Alameda’s $WLD sell-off may drive further price declines below $1.50.
Alameda’s diverse holdings show strategic risk management amid market volatility.
$WLD’s RSI suggests potential rebound as it nears oversold territory.
Alameda Research, the trading arm of the collapsed FTX exchange, holds substantial cryptocurrency assets, including $BIT and Worldcoin (WLD), according to recent reports. Investors are particularly interested in understanding the extent of Alameda’s crypto portfolio, its risk management strategy, and the effect on specific cryptocurrencies like Worldcoin (WLD).
Alameda Research continues to manage its cryptocurrency assets and Spot On Chain reveals that Alameda still holds significant amounts of various cryptocurrencies, including $BIT and $WLD.
Specifically, Alameda currently holds roughly 98.86 million $BIT, valued at about $78.8 million, and 24.3 million $WLD, worth around $36.2 million. This diversification suggests a strategy to spread risk across different assets.
Since August 9, Alameda has deposited 698,312 $WLD (equivalent to $1.13 million) in four small batches to Binance at an average price of $1.622. This activity is likely…
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